$399,999
$79K PRICE DROP

1026 State Highway 2 Shenandoah, IA 51601

Estimated payment $2,383/month

Total Views 8,936
3 Beds
3.5 Baths
2,331 Sq Ft
$172 Price per Sq Ft

Highlights

  • Deck
  • No HOA
  • Fireplace
  • Raised Ranch Architecture
  • Formal Dining Room
  • Porch

About This Home

This one-of-a-kind property sits on 2 peaceful acres and offers charm, flexibility, and income potential. The main home features one-level living with laundry, formal dining, and a cozy fireplace. Enjoy your morning coffee on the back deck as the sun rises over the countryside, bringing a sense of calm and tranquility. The basement provides bonus space that can be used as a rec room, home office, or additional living area.What truly sets this property apart is the detached studio--a rare gem for artists, creators, and visionaries. This inspiring space was home to celebrated artist Larry Greenwalt. A hand-painted mural still graces the spiral staircase, and natural light fills the interior, making it ideal for painting, sculpting, photography, or even hosting workshops and exhibitions.

Listing Agent

Leanne Haynes

United Country Gilworth Real Estate & Auction License #S71884000 Listed on: 06/04/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,472

Year Built

  • Built in 1978

Home Design

  • Raised Ranch Architecture
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 2,331 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3.5 Bathrooms

Laundry

  • Laundry on main level
  • Washer and Dryer Hookup

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Recreation or Family Area in Basement

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Outdoor Features

  • Deck
  • Storage Shed
  • Outbuilding
  • Porch

Schools

  • Shenandoah Elementary And Middle School
  • Shenandoah High School

Utilities

  • Central Air
  • Heating System Uses Propane
  • Gas Water Heater
  • Septic System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,472

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Air Conditioner: Electric Central
  • Basement: Full
  • Basement: Baths, Other, Partially Finished, Family Room, Full
  • Dining Facilities: Eat In Kitchen, Formal Dining
  • Entry Level: Main Level
  • Fireplace: Main Floor, Yes
  • Interior Amenities: Ceiling Fans, Smoke Alarms
  • Kitchen Features: Dishwasher, Refrigerator, Vent Fan, Microwave, Garbage Disposal, Electric Range
  • Laundry: Dryer Hookup, Washer Hookup, Main Floor
  • Lower Tri Level: None
  • Main Level: Baths, Other Bedrooms, Primary Bedroom, Kitchen, Living Room, Family Room, Dining
  • Ramp Access: Yes
  • Second Level: None
  • Sq Ft Main Floor: 2331.00
  • Stories: 1.0
  • Total Basement Sq Ft: 1608.00
  • Total Finished Sq Ft: 2331.00
  • Total Above Ground Finished Sq Ft: 2331.00

Beds/Baths

  • Bathrooms Above Grade: 2.5
  • Bathrooms Below Grade: 1
  • Below Grade Bedrooms: None
  • Total Bathrooms: 3.50
  • Total Bedrooms: 3

Exterior Features

  • Exterior Amenities: Deck, Storage Shed, Out Buildings, Open Porch
  • New Construction: N
  • Roof: Composition
  • Site Amenities: Asphalt
  • Style: Raised Ranch

Garage/Parking

  • Garage: 2
  • Garage Features: Electric, Garage Door Opener, Insulation, Extra Storage
  • Garage Type: Attached

Utilities

  • Heating: Propane
  • Hot Water Heater: Gas
  • Services: Electrical, Septic, Regional Water, Propane-Own

Association/Amenities

  • Association Fee: N

Schools

  • Elementary School: Shenandoah
  • High School: Shenandoah
  • Jr High: Shenandoah
  • School District: Shenandoah

Lot Info

  • Flood Insurance: Not Required
  • Lot Size: 2 Acres
  • Lot Size Range: Over 1 up to 3 Acres
  • Zoning: Residential

Building Info

  • Construction: Frame
  • Year Built: 1978

Tax Info

  • Current REIDS Year Paid: N
  • Net Taxes: 3472.00
  • Tax Year: 2023

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,612 $349,340 $55,000 $294,340
2024 $3,612 $286,740 $55,000 $231,740
2023 $3,472 $286,740 $55,000 $231,740
2022 $3,054 $256,240 $55,000 $201,240
2021 $3,054 $243,770 $35,000 $208,770
2020 $3,024 $225,090 $35,000 $190,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2025 10/28/25 Price Changed $399,999 -6.8% $172 / Sq Ft
09/16/2025 09/16/25 Price Changed $429,000 -4.5% $184 / Sq Ft
08/25/2025 08/25/25 Price Changed $449,000 -2.2% $193 / Sq Ft
07/16/2025 07/16/25 Price Changed $459,000 -4.2% $197 / Sq Ft
06/04/2025 06/04/25 For Sale $479,000 -- $205 / Sq Ft
Source: Southwest Iowa Association of Realtors®

Source: Southwest Iowa Association of Realtors®

MLS Number: 25-1101

Southwest Iowa Association of Realtors®

APN: 000531100110000